ponzi scheme
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Nigeria EFCC Returns N96.5 Million to Victims of Forex Ponzi Scheme in Enugu
The Digest: The Economic and Financial Crimes Commission (EFCC) has achieved a significant restitution. The anti-graft agency has handed over N96.5 million recovered from a fraudulent forex trading company to dozens of victims in Enugu State, offering a rare moment of justice for those lured...- Nigeria News
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- 1 min read
- efcc ponzi scheme
- Category: Metro
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Nigeria SEC Investigates 79 Ponzi Schemes, Takes Action Against FF Tiffany
The Digest: Nigeria's Securities and Exchange Commission (SEC) announced it's cracking down on fraud, actively investigating 79 suspected Ponzi schemes nationwide. The regulator specifically revealed a probe into an entity named FF Tiffany, accused of defrauding thousands of Nigerians through...- Nigeria News
- Article
- 1 min read
- ponzi scheme sec
- Category: Business
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Nigeria Nine Chinese Nationals Jailed for Operating Ponzi Scheme Linked to Terrorism
The Digest: Nine Chinese nationals have been sentenced to one year in prison for operating a Ponzi scheme in Lagos, linked to terrorism financing. The scheme, uncovered in December 2024, defrauded Nigerians while violating Nigerian financial regulations. Key Points: Nine Chinese nationals...- Nigeria News
- Article
- 1 min read
- chinese nationals ponzi scheme
- Category: Metro